In initial 10 months 2009 currency trade volume falls 28.6 % and reaches KZT7.7 trln (USD53.4 bn)

/KASE, November 2, 09/ - In initial ten months of 2009 currency trade volume on Kazakhstan Stock Exchange (KASE), including currency swap transactions, reached KZT7,746.5 bn (USD53,431.5 m) and fell against the same period of 2008 by 28.6 % (40.8 % in dollar terms). As compared with March-December 2008 trade volume fell 2.0 times (2.4 in dollar terms). Below is the table on currency trade statistics in 2009 with breakdown on months, currency and deal types, and comparative data of 2008. -------------------------------------------------------------------------------- Trade volume ------------------------------------------------ Exchange spot-market, turnover, --------------------- swap- ----------------- Year, market, total, total, month m USD m EUR m RUB m USD bn KZT m USD bn KZT m USD ------------ -------- ------ ----- -------- -------- -------- -------- -------- 2009, I 7,868.9 0.5 72.3 85.1 965.7 7,956.9 976.0 8,042.0 2009, II 8,853.5 2.4 20.7 767.7 1,378.1 9,624.9 1,492.9 10,392.5 2009, III 3,760.3 6.3 40.8 2,067.5 880.1 5,837.4 1,191.7 7,904.8 2009, IV 2,592.2 4.3 159.1 549.0 474.9 3,151.5 557.7 3,700.5 2009, V 1,838.5 61.5 91.6 322.5 337.9 2,247.8 386.4 2,570.3 2009, VI 2,139.9 71.3 0 657.1 435.6 2,897.0 534.4 3,554.1 2009, VII 3,277.5 73.3 0 1,274.0 701.3 4,655.1 893.3 5,929.1 2009, VIII 3,589.2 84.8 0 2,954.0 1,004.9 6,664.4 1,450.3 9,618.4 2009, IX 2,556.2 106.3 16.4 2,274.2 752.3 4,985.7 1,095.4 7,259.9 2009, X 2,968.2 104.7 0 2,287.5 815.8 5,410.9 1,160.7 7,698.4 ------------ -------- ------ ----- -------- -------- -------- -------- -------- Total 39,444.4 515.4 400.9 13,238.5 7,746.5 53,431.5 9,738.9 66,670.0 ------------ -------- ------ ----- -------- -------- -------- -------- -------- 2008, 90,272.6 10.9 503.5 - 10,853.7 90,309.7 10,853.7 90,309.7 I-X Meas., % -56.3 >+4615 -20.4 Х -28.6 -40.8 -10.3 -26.2 -------------------------------------------------------------------------------- Weighted average tenge to dollar rate, calculated on all deals of the main (morning) trade session on KASE in the period January 3, 09 through October 30, 09, reached USD143.54 a dollar, on all exchange deals - KZT143.03 a dollar. The tenge devalued against the dollar on weighted average exchange rate in the current year 29.87 % APR. In the initial ten months the devaluation of the tenge to the dollar in nominal terms reached 24.80 %. In 2008 the tenge devalued to the dollar 0.41 % in nominal terms. After the Exchange had launched on December 29, 2008 the currency swap transaction KASE has been applying beginning January 1, 2009 when releasing its trade statistics two indicators - trade volume (this indicator is new and is showing the aggregate volume of deals) and exchange (calculation) turnover (this indicator is traditional and had been released before 2009). On the currency market these indicators may vary at opening and/or closing in the reporting period of currency swap transactions. At execution of such transactions on the exchange market, the trade volume will include volumes of opening currency swap transactions (based on attracted sums). At calculation of exchange (calculation) turnover volumes of (in KZT; with subsequent recalculation to dollars) all executed opening and closing transactions; at that only deals falling in the reporting period shall be accounted for. KASE is applying this method in regard of trade data on repo. [2009-11-02]